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Tari is a decentralized assets protocol that is going to be built on top of Monero. Tari has been founded by Riccardo Spagni, Naveen Jain, and Dan Teree.
Riccardo Spagni is the core team member of Monero, Naveen Jain is a successful entrepreneur and Dan Teree who sold his company Ticketfly for $450 million to Pandora. They are the co-founders of Monero’s counterparty. This combination of tech entrepreneurs developed the new kickstart for Monero; Tari.
Tari, like a counterparty, will have a native token. It will be operated as a merge-mined sidechain. The miners will be capable to earn Tari block rewards and fees as they will be mining Monero. In addition to combining Tari in Monero’s security model, it will also support atomic swaps between itself and Monero.
Tari will use Rust as their language of choice for the Tari Protocol Software. The team of Tari decided Rust because they believe it is an incredibly capable language that is purpose-built for a software like theirs and also because they want to make sure that Tari does not drain any of the existing Monero contributor support.https://ambcrypto.com/monero-xmr-introduces-tari-a-counterparty-tycoons/
Time of creation: May 24, 2018, 5:47 a.m.
Duration: 1 week